Morning Brief – 26-Feb-2018

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Morning Brief Images 26-Feb-2018

UK Stock Market News Today – 26-Feb-2018

Morning all!

I trust you all had a great weekend…

Dialight (DIA) – 532p – £173.0m – PER 16.7

Final Results For The 12 Months To End December 2017 – Underwhelming.

Remains on my Avoid list.

Quartix Holdings (QTX) – 372p – £177.0m – PER 28.9

Audited Results For The 12 Months To End December 2017 – Revenue up by 5% to £24.5m (2016: £23.3m), PBT up 1% to £6.6m (2016: £6.5m), Diluted EPS down 4% to 12.21p (2016: 12.78p), Net Cash of £7.3m (£6.2m last time), Final Dividend of 11.1p proposed (2016: 9.0p).

OK the Net Cash is good (but nothing spectacular) and the Dividend increase is great (although it’s still only 3.5% or so). For me this is still on a crazy valuation given the actuals and forecasts. Maybe someone can point out what I’ve missed here!

All comments and input most welcome, a great day to all of you.

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